What miles are deductible for Uber drivers?

Drivers Don't Deduct All the Mileage They're Entitled To Uber and Lyft's driver app will record on-trip mileage, or how many miles you drive when you have a passenger in the car. In reality, you can deduct your mileage on the way to the first passenger, between passengers, and on the way home at the end of the day.



People Also Ask

The 2023 IRS mileage rates are: 65.5 cents per mile for business purposes. 22 cents per mile for medical and moving purposes. 14 cents per mile for charitable purposes.

MORE DETAILS

It can be a great way to earn some extra cash, especially if you're trying to hit certain personal finance goals, like paying down debt or building an emergency fund. Driving for long periods of time, however, might not be sustainable.

MORE DETAILS

If you are an Uber driver, you are self-employed, and thus must make estimated tax payments on a quarterly basis. If you work it just right, you won't have to pay any additional tax at year end when you file your 1040, nor will you have a big refund. That's the best situation.

MORE DETAILS